JMP Securities Maintains Outperform on MongoDB, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens maintains MongoDB (NASDAQ:MDB) with an Outperform rating and raises the price target from $400 to $425.
July 24, 2023 | 10:27 am
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POSITIVE IMPACT
MongoDB's price target has been raised from $400 to $425 by JMP Securities, maintaining an Outperform rating.
The news of JMP Securities maintaining an Outperform rating and raising the price target for MongoDB is likely to have a positive impact on the stock. This indicates the analyst's confidence in the company's performance and could attract more investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100